Now that notices have been sent out to Vance County property owners about the revaluation, there are a few things to keep in mind if you don’t agree with the updated figures. Just keep in mind that property owners who appeal the newly revised appraisals can expect one of three determinations from the appeals process: the figure could go down, remain the same, or it could go UP, depending on the evidence that is presented during the appeals process.
Informal appeals will take place first, during which county officials predict that many of the appeals will be settled. A formal appeals process will follow and if an agreement can’t be reached, property owners can appeal to a state review board.
There also are programs that are available to qualified homeowners that could result in a lower tax bill. One program is for the elderly or disabled homeowner and one is for disabled veterans.
Visit www.vancecounty.org, click on the Departments tab at the top and select Tax Administration Office. Details about the appeals process is located here, as well as information about the property tax relief programs.
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